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Managing Real Estate Broker - Keller Williams Northland
Real estate topics on better business performance, education, advanced techniques for selling/buying residential, commercial and investment real estate; 1031 tax deferred exchange, licensing; anecdotes and stories to ponder.

ARCHIVED BLOG POSTS

2007 

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The table below is an account of the single fanily detachted and single family attached homes for Villa Park broken into individual price points with market time for each.Area Market Survey CriteriaStatus: Active, Back on Market, New, Price Change, Re-activated   Property Type: Detached Single, A...
01/22/2007

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Installment sale is denied to: Sales of a property by a real estate dealer; sales of depreciable property to a controlled entity and sales or exchanges between spouses do not qualify for the installment method. The installment method is permitted for dealers of: time-share rights to use of reside...
01/22/2007

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The table below gives single family detached and single family attached homes presently available for sale with a breakdown of individual price points.Each category o f prices givesw number available and time on market. For more details, contact me below.Active ListingsList Price Range# ListingsA...
01/22/2007

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 Selling Price:  (if any)  Cash down payment                               +          Cash brought to closing                               +          Amount received for option to buy                               +          Assumed mortgage, other encumbrances                               +   ...
01/22/2007

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              The gain is calculated for each year on the taxpayer's tax return where principal payments are received for the installment period. 1. Realized gain: Selling Price - Adjusted Basis - Selling Exp. = Gross Profit Realized2. Contract Price: Selling Price - any Assumed mortgage.3. Gross...
01/21/2007

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When a sale occurs, and the seller receives at least one payment after the close of the taxable year in which the sale or exchange closed, the transaction is an installment sale.The taxpayer must report the gain from the sale over the period of time that includes the receipt of the total payment....
01/21/2007

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The table below is all active single family detached and single family attached homes presently on the market for Lombard, Illinois. The data is divided into price oint ranges. For each price range the number available and average time on market in that price range is given. More detailed informa...
01/18/2007

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The Table below is available single family detached homes for Barrington, Illinois. Availability in different price point ranges is indicated. Contact me at the information given below for a more detailed analysis of availability.  Active ListingsList Price Range# ListingsAvg. Days on Mkt$150,000...
01/17/2007

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 The table lists by price point the current available single family detached and single family attached homes for the villages of Bartlett and Wayne, Illinois.  For information on a listing in a given price range, please contact me at the information given below. Active ListingsList Price Range# ...
01/17/2007

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  I read an editorial today in the Chicago Tribune by Debra Shore, Commissioner of the (MSD) Metropolitan Water Reclamation District of Greater, Chicago, Changing the Culture about our Liquid Asset. In her article she talks about the proper stewardship of our use of one of the United States large...
01/17/2007
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